Bond yields dip after U.S. inflation data; debt sale in focus

The reading remained within the central bank's tolerance level of 2%-6% for the second consecutive month amid cooling food prices. Benign November-December inflation prints could lead to a 40-50 bps downward revision in the Reserve Bank of India's inflation forecast, Citi Research said in a note.

Bond yields dip after U.S. inflation data; debt sale in focus
The reading remained within the central bank's tolerance level of 2%-6% for the second consecutive month amid cooling food prices. Benign November-December inflation prints could lead to a 40-50 bps downward revision in the Reserve Bank of India's inflation forecast, Citi Research said in a note.